Law firm specializing in default servicing has announced several changes nationwide to bolster its bankruptcy operations.
Read More »Mortgage Delinquency Rate Falls to 20-Year Low
Improvements in the employment sector, combined with a rise in home prices, drove delinquency and foreclosure rates to levels last seen more than two decades ago.
Read More »PHH Mortgage Partners With the NAACP to Assist Struggling Homeowners
Joining forces on more than 50 events, the NAACP and mortgage servicer to host virtual and live outreach sessions to help homeowners in need.
Read More »Rising to the Occasion
From regulatory scrutiny to the changing needs and preferences of borrowers, mortgage servicers have a lot on their plate in 2022. A pair of recent Five Star webinars examined the best ways forward.
Read More »Fitch: RMBS Servicers Largely Weathered the Pandemic
Thirty-two of the 40 Fitch-rated RMBS firms have received “stable” ratings since being downgraded at the onset of the pandemic.
Read More »16M U.S. Homes Remain Vacant Amid Housing Shortage
Although the housing market is still heating up, more than 16 million homes throughout the U.S. are sitting vacant, according to a new report from LendingTree. This poses the question, if so many homes are vacant, why are housing prices ...
Read More »Foreclosure Starts Jump Sevenfold
With the national foreclosure rate hitting its highest level since May 2021, foreclosure starts jumped to 32,900 loans in January.
Read More »Steve Stallard Launches Investor Claim Solutions
Kimberly Williams to serve as CEO of new entity after acquisition of Dimont & Associates LLC’s Investor Claims Division.
Read More »Last Chance to Register: Taking an Empathetic Approach to Forbearance
On Wednesday, the Five Star Institute presents its webinar focused on how the "human touch" in the forbearance process can promote customer loyalty for life.
Read More »Non-Bank Mortgage Servicers Should Expect Increased Regulator Scrutiny
According to a new report by Fitch Ratings, as forbearance programs expire and borrowers transition into other loss mitigation programs, servicers should be wary of customer complaints and regulatory oversight.
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